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GFI- Forecast - price up or down?

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Day_Trader
Regular Contributor
Any ideas on GFI - will it move up from R127 or down? Looking at getting into some SSF's for short term play.
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4 REPLIES 4
Southpaw
Contributor
Chartist is probably the best to answer this question. I would love to know, being playing GFIQ for a while.
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Not applicable
GFI is not looking pretty 8 and 21 day cross overs a few days ago...closed below the 100 and 200 ema (and 100 day sma)- technically this bearish...the gold price is also under pressure and is likely to test the 100 day ema at around 650 before we head higher..Roffey was talking all this cr@p about the oscilators grouping again a week or so ago....just wait for the EMAs to cross over again and then you can buy...domt try and econd guess something like GFI cause it seems oversold
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Southpaw
Contributor
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Day_Trader
Regular Contributor
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